The national average price of gasoline has fallen 3.5 cents per gallon in the last week, averaging $3.77/g today. The national average is down 2.8 cents per gallon from a month ago and stands 1 cent per gallon lower than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.
The Average price of gas in South Dakota is $3.72, as of October 2, 2023.
"While this week saw average gasoline prices moving higher again in the West, most of the nation saw a noticeable decline in gasoline prices. However, with California allowing the transition to winter gasoline to begin immediately, easing supply concerns, we're likely to see nearly the entire country see gasoline prices trend lower in the week ahead," said Patrick De Haan, head of petroleum analysis at GasBuddy.
"You could say Christmas is coming early: California should quickly see prices fall back below $6, and once all refinery snags are addressed and maintenance complete, I would not be surprised to see prices even fall below $5 there later this year. Areas of Arizona, Las Vegas and Reno could fall back below $4 by the end of the year as well. While the trend is likely to be a strong one to the downside, small issues here and there could temporarily delay the onset of lower prices, but for now, motorists need not be in any rush: lower gas prices are on the way for every U.S. state in the weeks ahead."
LOOK: See how much gasoline cost the year you started driving
To find out more about how has the price of gas changed throughout the years, Stacker ran the numbers on the cost of a gallon of gasoline for each of the last 84 years. Using data from the Bureau of Labor Statistics
(released in April 2020), we analyzed the average price for a gallon of unleaded regular gasoline from 1976 to 2020 along with the Consumer Price Index (CPI) for unleaded regular gasoline from 1937 to 1976, including the absolute and inflation-adjusted prices for each year.
Read on to explore the cost of gas over time and rediscover just how much a gallon was when you first started driving.
Gallery Credit: Sophia Crisafulli
20 Years of Gas Prices' Ups and Downs
'Gas prices: giving us something to talk about with our coworkers for 20 years.' I don't remember where I first heard it, but that's the perfect way to describe all the pointless complaining sessions we all have taken part in over the years.
I don't much attention to the price of gas. Admittedly I do not work in a field that directly relies on equipment that takes gallons and gallons of gas. But, as an average car driver, I'm just going to pay whatever it costs.
It's not that I don't care, I just know I don't have a choice. I'm going to need gas, so I'm going to pay whatever they charge. Kids gotta get to school and I gotta get to work. The only real choice is to drive or not to drive. Walking the ten-mile round trip to work every day is impractical, especially during one of South Dakota's patented six-month winters.
Besides being low-key annoying, complaining about the price of gas is dumb because I remember things. Like that the price of gas has been up and down for at least 20 years. 2021 is no better or worse than 2003. It takes at least $40 to fill my tank this year just like it did in 2017.
But, why not dig into the photo archives and find some proof of memory. Because news stories about gas prices are the pointless small talk of journalism, there are lots of pictures of gas station signs from the last couple of decades.
Starting in 2000 we can see that rise and fall of gas prices in the United States. World events, natural disasters, and economic changes all affect the price. And all through those years, I paid what was charged.
Gallery Credit: Ben Kuhns